Question

Under NPS, what is the maximum allocation that can be made for Equity in Tier II account?

Q: Answer-Under NPS, what is the maximum allocation that can be made for Equity in Tier II account?

There are four asset classes from which the allocation is to be specified under a single PFM 1.Asset Class E Equity and related instruments 2.Asset Class C Corporate debt and related instruments 3.Asset Class G Government Bonds and related instruments 4.Asset Class A - Alternative Investment Funds including instruments like CMBS, MBS, REITS, AIFs, Invlts etc While choosing the asset class, subscribers must note that 1.Percentage contribution value cannot exceed 5 for Alternative Investment Funds 2.The total allocation across E, C, G and A asset classes must be equal to 100. 3.For Tier-II, you can allocate 100 to Equity. 4.For Tier-I, you can allocate 75 to Equity.